https://www.taxtmi.com/caselaws?id=246109 Interest was not chargeable under Section 11B(1)(f) of the Rajasthan Sales Tax Act, 1954 where the tax liability arose only because of a retrospective notification. The Court accepted the Tax Board's view that earlier decisions had already held that interest could not be imposed in such circumstances, and no contrary authority from the Court or the Supreme Court was shown. The revenue's relied-upon decision did not address the specific question of interest on tax becoming payable only by retrospective levy. The assessee therefore succeeded on the issue of interest. en-us Fri, 31 Jan 2014 00:00:00 +0530 Fri, 24 Jul 2015 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246109 Interest was not chargeable under Section 11B(1)(f) of the Rajasthan Sales Tax Act, 1954 where the tax liability arose only because of a retrospective notification. The Court accepted the Tax Board's view that earlier decisions had already held that interest could not be imposed in such circumstances, and no contrary authority from the Court or the Supreme Court was shown. The revenue's relied-upon decision did not address the specific question of interest on tax becoming payable only by retrospective levy. The assessee therefore succeeded on the issue of interest. Case-Laws VAT and Sales Tax Fri, 31 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246109